@Stephanie Macharia so I invest in Match Group (MTCH) lock term it has been pretty flat lately, think it may be due for a breakout wanted to see what u think ?
@Stephanie Macharia It has been stagnant for the past 3-6mths. Also with the world opening now people will be looking to go out with people they connect with in their platforms.
its starting to take off but don’t know if I’m to late to the party for an option play.
@Kevin Roberts from what I see they may have more rallying to go, before we see a pull back. Buying yourself time and staying close to the money would be your best bet to shake some of the possible time decay on the option, with MTCH having a pretty steady growth pattern.
You could also hedge your option call with a put to prepare for a pull back.
@Stephanie Macharia thank you. Still trying to make my mind up 😩
Before I answer that, I want to understand the indicators you see that are pushing you towards a breakout for MTCH. (you‘re not wrong)